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Latest News

Hotel network here continues brisk growth

Magnuson Hotels adds almost 200 establishments to network in two months
January 29, 2009
Jeanne Gustafson
Magnuson Hotels, of Spokane, says it has added nearly 200 hotels to its independent-hotel marketing group in the past two months and has boosted its revenues 42 percent over the last year. The 6-year-old company, which markets independent on
Read More

Ecology, BNSF nearing accord on cleanup plan

Investigation, analysis of alternatives coming at Parkwater Railyard
January 29, 2009
David Cole
The Washington state Department of Ecology says it plans to enter into an agreement with BNSF Railway Co. under which the railroad will investigate soil and groundwater contamination and evaluate cleanup alternatives at the Parkwater Railyard site,
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Beck Road-I-90 interchange could get under way this fall

Foursquare to pay for work up front, be reimbursed later
January 29, 2009
Jeanne Gustafson
A private developer, Foursquare Properties Inc., of Carlsbad, Calif., which is developing the Pointe at Post Falls retail project, is moving forward with plans to construct a new freeway interchange at Beck Road and Interstate 90, on the west edge
Read More
—Staff photo by David Cole

'Hair-popping sharp'

January 29, 2009
David Cole
Ray Rantanen breaks into excited laughter as he describes how microscopic cutting teeth form on the blades of the knives he crafts when his customers begin to use them—actually making the carefully honed edges sharper with use.Simply put, a
Read More

City approves zone change for big project

Grandview plan includes 390 condos, 12 houses near I-90 on Sunset Hill
January 29, 2009
Mike McLean
The city of Spokane's hearing examiner has approved a zone change that will allow plans for a 402-unit residential project on Sunset Hill to proceed.The project, tentatively called Grandview Park, is expected to include a total of 390 units in a
Read More

Construction values held level in 2008

Slowdown in commercial projects expected to follow housing slump this year
January 29, 2009
Mike McLean
The total value of Spokane-area construction activity held relatively steady in 2008, with nonresidential projects offsetting a steep decline in new-home construction. Some industry observers say, though, that the pace of commercial construction in
Read More

G&B to lead four projects in Northwest

Nearly $10 million in HUD funding recently granted for 82 low-income units
January 29, 2009
David Cole
Spokane-based Goodale & Barbieri Co. says it will oversee development of four low-income housing projects in the Northwest that recently have been awarded federal construction and subsidy grants totaling nearly $10 million.The real estate and of
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TARP funds here may top $600 million

Three banks receive federal dollars, at least two more applications are pending
January 29, 2009
Mike McLean
It's not just the nation's megabanks that are getting infusions of capital through the U.S. Department of the Treasury's massive Troubled Assets Relief Program (TARP). Three Inland Northwest banks have received a combined $454 million from the and
Read More

Foreclosures soared here during 2008

Still, analysts say 84 percent increase isn't alarming yet
January 29, 2009
Mike McLean
Foreclosures in Spokane County shot up 84 percent in the last year, but economic analysts here say that increase isn't too alarming yet, compared with the soaring foreclosure activity in other parts of the country.The county auditor reported 560
Read More

Avista scores big on conservation

Utility's customers exceed rebate programs' goals in 2008
January 29, 2009
Richard Ripley
Avista Utilities' customers in Washington and Idaho far exceeded the Spokane-based company's goals to save energy through its rebate and other incentive programs last year, and that success is being mirrored across the Pacific Northwest.The says
Read More
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